EIA reported a build of 70 Bcf for the week ending 5/10/2024. This was smaller than the median estimate of 77 Bcf. Today's stat fell outside the expected range, which was 81 Bcf on the more bearish end, and 72 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $2.497, from $2.481 just before 9:30am.
